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Sep 21, 2013
09/13
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. $24 billion in deficit reduction added by the way, to about 237b9 $5 trillion and deficit reduction. we have already put in place over the next ten years, so when they talk about they should do something about the deficit, we're already doing something about the deficit and if they would work with us and stop this crazy sequester and focus on outinnovating and outeducating in a global economy, we could do even more. >> also repeal obama care, that increases the deficit. but senator ted cruz, one of the thipgs happening here, a lot of pressure, too, coming from your chamber, forcing the senator, mike lee, senator rand paul, they're going to try to do what rand paul did on the drone. go to the floor of the -- are senate democrats prepared for that? >> filibustering is not a new thing. and if they decide to do that, then it will be up to us to close debate and we will need 60 votes. we have colleagues that have spoken out. responsible republicans in the senate who have said this is crazy and we're going to count on them to join us because think about for a minute, this whole issue on r
. $24 billion in deficit reduction added by the way, to about 237b9 $5 trillion and deficit reduction. we have already put in place over the next ten years, so when they talk about they should do something about the deficit, we're already doing something about the deficit and if they would work with us and stop this crazy sequester and focus on outinnovating and outeducating in a global economy, we could do even more. >> also repeal obama care, that increases the deficit. but senator ted...
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Oct 9, 2013
10/13
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manufacturing is growing, and the auto industry has come roaring back and since i took office we've cut the deficit in half. now, i think everybody understands we've still got a lot of work to do to rebuild the middle class but we've made progress and we shouldn't do anything to threaten that progress for these hard gains have made a difference to millions of americans. and in part we can thank the extraordinary grit and resilience of the american people and in part we can thank the dinahism of our -- a lot has done with creating more jobs and more growth. and the federal reserve under the strong leadership of ben bernanke. he has led the fed through some of the daunting economic challenges of our lifetime. he intends to finish his service at chairman at the end of his term, this january. so today i just want to take a minute to the pay tribute to ben for his extraordinary service. but i also want to announce my choice for the next chair of the federal reserve. one of the nation's for most economists and policy makers, current vice chairman, janet yellen. after i became president, i was proud to no
manufacturing is growing, and the auto industry has come roaring back and since i took office we've cut the deficit in half. now, i think everybody understands we've still got a lot of work to do to rebuild the middle class but we've made progress and we shouldn't do anything to threaten that progress for these hard gains have made a difference to millions of americans. and in part we can thank the extraordinary grit and resilience of the american people and in part we can thank the dinahism of...
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Oct 9, 2013
10/13
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so that's what determines the deficit, not the debt ceiling itself so that in my view and in the the view of most economists is an economic constraint. the president has said they have not been able to find a legal and responsible way to get around this constraint and that's going to be up to the lawyers and secretary lew and the president to decide what to do if we do pass this point, in my view this point of no return, they're faced with horrible options and look at all the uncertainty caused byer -- pay bond holders to some extent, foreign bondholders and then not pay federal contractors, not pay federal workers not pay disability insurance recipients, that will not go unchallenged. there will be a tremendous mess on our hands that would take some time to resolve and cause a financial collapse. >> i used to think that it would be a way out for the president to find some way to unilaterally do this. allan krueger, former chairman of president obama's economic counselors. it's nice to have you here. >>> there were members of congress, congressmen and congresswomen who were arrested
so that's what determines the deficit, not the debt ceiling itself so that in my view and in the the view of most economists is an economic constraint. the president has said they have not been able to find a legal and responsible way to get around this constraint and that's going to be up to the lawyers and secretary lew and the president to decide what to do if we do pass this point, in my view this point of no return, they're faced with horrible options and look at all the uncertainty caused...
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Sep 13, 2013
09/13
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the deficit is on our trajectory in a better place than it was the last couple of times. >> yeah, it is. but having spending fights is great. but the natural and healthy place to do that is on the cr, it's on the budget. >> the debt ceiling and threatening the global economy -- >> it's dangerous. it's dangerous because the whole nature of the law is kind of stupid. it's begging -- asking the administration to beg for money to pay for -- >> that's already been spent. >> that's already been spent and required to be spent by congress. so it's just crazy. >> it's totally -- it's totally messed up. greg, the very real issue is the economy is dependent on it now. >> well, it absolutely is. i don't know if people realize that if you do not raise the debt ceiling, it must drop to zero instantly, which means you need to cut spending by $700 billion today and do it in a very arbitrary way. he doesn't get a social security check, a medicare check. >> what the republicans want to do is move the cr, the debt ceiling and sequestration, all having an expire or start about the same time, which would
the deficit is on our trajectory in a better place than it was the last couple of times. >> yeah, it is. but having spending fights is great. but the natural and healthy place to do that is on the cr, it's on the budget. >> the debt ceiling and threatening the global economy -- >> it's dangerous. it's dangerous because the whole nature of the law is kind of stupid. it's begging -- asking the administration to beg for money to pay for -- >> that's already been spent....
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Jan 25, 2013
01/13
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that is what are you going to do about the debt and deficit? >> let's listen to that. >> you utilize your position to work with the president to solve the debt and deficit issue. >> scepte i'm not here to go th the details why we didn't. there was a very, hard line position that prevented us from being able to come to an agreement which we just came to. but we came to it with far lesson the table and far less accomplished than we would have had if we had come to it a year ago >> and that is the most diplomatic answer than we had. >> well, it is telling that this is sort of the default position on anything. >> you got me on benghazi now debt and deficit. >> but this is the position of the republican ares on any kind of big picture item. we are outraged on his speech because he didn't talk about the deficit. >> what would he talk about? there is nothing else they have to wave. >> that is one issue where they have a political traction. there is a majority on americans. but they have made the calculation. there are a whole bunch of issues where the
that is what are you going to do about the debt and deficit? >> let's listen to that. >> you utilize your position to work with the president to solve the debt and deficit issue. >> scepte i'm not here to go th the details why we didn't. there was a very, hard line position that prevented us from being able to come to an agreement which we just came to. but we came to it with far lesson the table and far less accomplished than we would have had if we had come to it a year ago...
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Sep 19, 2013
09/13
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right to fight for republicans they believe in and for them that represented disen chantment with the deficit and a ballooning national debt and collective voice grew with an instant reaction against obama care to elect numerous candidates in the fall of 2010 solidifying themselves as a force to be reckoned with. over time the movement has grown beyond the original focus. for most the tea party is looked at in the prism of crazy. >> it is a legitimate rape, the female body has ways to try to shut that whole thing down. >> they weigh 130 pounds and have calves the size of cantaloupes because they're hauling 75 pounds of marijuana across the desert. >> repeal the failure before it literally kills women, kills children, kills senior citizens. let's not do that. >> all right. stuff like that has polled rep an presidential can't dates so far to the right they are unelectable and if you dare to work with the president on anything, dare to even agree with him, or dare to go against their core beliefs, you become their enemy. news flash. we're not still fighting the american revolutionary war. it is
right to fight for republicans they believe in and for them that represented disen chantment with the deficit and a ballooning national debt and collective voice grew with an instant reaction against obama care to elect numerous candidates in the fall of 2010 solidifying themselves as a force to be reckoned with. over time the movement has grown beyond the original focus. for most the tea party is looked at in the prism of crazy. >> it is a legitimate rape, the female body has ways to try...
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Jan 19, 2013
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>> look, at the end of the day, when we deal with the sequester, when we deal with deficit reduction, it has to be in a balance way. we have always said we are willing to support spending cuts. we put our money where our mouth is with the debt ceiling last summer. like i said, before, ed, many of us on the democratic side voted for $1.2 trillion in spending cuts with no revenue, no balance and got a debt ceiling increase. president obama made it very clear we are not negotiating over the debt ceiling again because we have to pay our bills. we have to give certainty to our economy and we have to focus on deficit reduction in a balanced way so we can protect the middle class and working families. >> doesn't this give the progressive movement an opportunity in the next 90 days to really send the message to congress, leave the big three alone? go get your money somewhere else? i mean, it would seem to me that the republicans are going to go that have in the next 90 days, make the case that it's the entitlements that are really the problem in all of this. so this campaign is going to conti
>> look, at the end of the day, when we deal with the sequester, when we deal with deficit reduction, it has to be in a balance way. we have always said we are willing to support spending cuts. we put our money where our mouth is with the debt ceiling last summer. like i said, before, ed, many of us on the democratic side voted for $1.2 trillion in spending cuts with no revenue, no balance and got a debt ceiling increase. president obama made it very clear we are not negotiating over the...
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Jan 10, 2013
01/13
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staying on the path of iran and add to deficit and debt? or just try to change the path and attain physical sustainability. which is what we have do. >> i want to go to this diversity thing. jackie, your newspaper that dropped this little -- what's inning to watch yesterday the article was fine. we just didn't like that picture. >> right. that picture had been circulating, e-mails, twitter, on the internet for some days before that. and i remember thinking we should use this somehow in the paper to illustrate a story. it was -- it was interesting in particular because i didn't even know until the -- picture ran in "the new york times" that the leg behind dan pfeiffer, communications director, is valerie jarrett's who is -- you know, one of easily the closest adviser. but this -- valerie jarrett, one of her jobs is to see that will is more women in the top ranks of the administration. can't even getter self in the picture. >> here's -- >> better use of photography. >> i understand that. the better question -- >> their photographer. >> you ar
staying on the path of iran and add to deficit and debt? or just try to change the path and attain physical sustainability. which is what we have do. >> i want to go to this diversity thing. jackie, your newspaper that dropped this little -- what's inning to watch yesterday the article was fine. we just didn't like that picture. >> right. that picture had been circulating, e-mails, twitter, on the internet for some days before that. and i remember thinking we should use this somehow...
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Jan 17, 2013
01/13
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cutting the deficit. and oh, yeah, lowering unemployment. make no mistake about it. it's ambitious. but the president is entering his second term with a job approval among the highest since the early months of his presidency. his favorability rating has jumped nine point ins the last three months. at the very same time, the other side is fractured. destroying themselves. they're even threatening impeachment over the issue. we want all tools available to use including impeachment. >> could that build up to make a case for possible impeachment. >> all options should be on the table, undoubtly. >> and if that weren't enough, they're back. that's right, the birther brigade is stronger than ever. 64% of americans think president obama is hiding important information about his early life. 64%. no wonder the gop is going off the deep end. and no wonder the president is looking better than ever joining me now, jonathan kapart. thanks for coming on the show tonight. >> 64% is questioned about the president's early life. how do you explain that? well, look. 64% questioning the president's ear
cutting the deficit. and oh, yeah, lowering unemployment. make no mistake about it. it's ambitious. but the president is entering his second term with a job approval among the highest since the early months of his presidency. his favorability rating has jumped nine point ins the last three months. at the very same time, the other side is fractured. destroying themselves. they're even threatening impeachment over the issue. we want all tools available to use including impeachment. >> could...
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Jan 10, 2013
01/13
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in the second term agenda maybe can use some of these lessons as he deals with cutting the federal deficit, gun control, immigration reform, reducing unemployment, voting reform. these are things, dana, he's going to have to face and he's going to have to use lessons from lincoln and everyone else to really achieve what would be transformative things in the issues he's outlined. >> they would be and he has a serious obstacle in this congress. i think, in many ways, to learn the lessons of lincoln would be more of an imperative for this congress. harry reid did have the senator sit down. kevin mccarthy brought colleagues to a theater to see this film. the problem is everybody takes selective lessons from it and believes that they're representing the legacy of lincoln. where, if they were actually to take it seriously, they'd realize that political life is all about compromise and not getting all that you want. >> patricia, dana, thank you for your time tonight. >> thank you. >> still ahead, a powerful tribute to martin luther king, jr. that all of america will see at president obama's inaug
in the second term agenda maybe can use some of these lessons as he deals with cutting the federal deficit, gun control, immigration reform, reducing unemployment, voting reform. these are things, dana, he's going to have to face and he's going to have to use lessons from lincoln and everyone else to really achieve what would be transformative things in the issues he's outlined. >> they would be and he has a serious obstacle in this congress. i think, in many ways, to learn the lessons of...
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Feb 6, 2013
02/13
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the deficit's going down. this year alone, medicare, medicaid, social security and interest on the debt consumes every dollar that washington takes in. this is such a crisis, and it's growing. >> well, this whole idea that don't worry about the debt, you had a little tangle with the krugman a couple of weeks ago. this exposes how wrong the view is. don't worry about the debt because the debt has built to a large number what the congressional budget office is showing is that we're going to be paying a lot of money on that debt, and it's going to crowd out vital public services. and that's why we had to worry about the debt all along. and we didn't. now it's built up. now we're facing reality. i thought it was a little odd. the president said, well, we have to do something, but he didn't offer anything to do because the main part he played was two months ago, he said, let's make the tax cuts permanent, both sides, and now we see, well, you can't afford that. >> you talk about paul krugman -- >> that's what they
the deficit's going down. this year alone, medicare, medicaid, social security and interest on the debt consumes every dollar that washington takes in. this is such a crisis, and it's growing. >> well, this whole idea that don't worry about the debt, you had a little tangle with the krugman a couple of weeks ago. this exposes how wrong the view is. don't worry about the debt because the debt has built to a large number what the congressional budget office is showing is that we're going to...
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Jan 19, 2013
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should washington adopt california's deficit reduction approach? tell us what you did and if you think that could work nationally. >> what jerry brown did was he rolled the political capital. he simply said to his democrats and to the republicans, this is what's in the best interest of the public. and the public in california bought that. he caused many democrats on the other side of the aisle to be really angry because a lot of what he did were cuts. he caused republicans, however, to be angry because he increased revenue. that's what washington needs to do. and i think barack obama is prepared to do that. >> all right. former san francisco mayor willie brown, i have to tell you, in the commercial break, my floor director said he was a big fan of yours because you're a commonsense guy. i couldn't agree more. >> thank you very much. >>> coming up next, teajah's plea to the president. >> i am very sad about the children who lost their lives in connecticut. so i thought i would write to you to stop gun violence. >> he's one of four children that wrot
should washington adopt california's deficit reduction approach? tell us what you did and if you think that could work nationally. >> what jerry brown did was he rolled the political capital. he simply said to his democrats and to the republicans, this is what's in the best interest of the public. and the public in california bought that. he caused many democrats on the other side of the aisle to be really angry because a lot of what he did were cuts. he caused republicans, however, to be...
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Sep 19, 2013
09/13
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we've been taught deficits are good spend is good. but we have to reverse that. >> what's the correlation between home schooling and getting better understanding for fed. >> my whole curriculum and everything i talked about is based on freedom philosophy which is what identify been talking about for 30 years. so the education would be quite different. i want would be something where young people would learn at their own pace, they would pick and they would do it over the internet. it wouldn't cost as much. but they are going be taught different commission. different perspective on history. for instance every one of us have been taught our greatest presidents was woodrow wilson. liberal or conservative if you look at woodrow wilson he violated, abused our civil liberties. he was the one who told us we had to march around the world. he changed our foreign policy. and i would like to show that some of our presidents, the only great president have between war mongers and people who argued for negotiations might be a better president. it w
we've been taught deficits are good spend is good. but we have to reverse that. >> what's the correlation between home schooling and getting better understanding for fed. >> my whole curriculum and everything i talked about is based on freedom philosophy which is what identify been talking about for 30 years. so the education would be quite different. i want would be something where young people would learn at their own pace, they would pick and they would do it over the internet....
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Jan 25, 2013
01/13
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and it is what you keep advocating, about controlling deficits. you have to look in the short term, at least, of the experience of a conservative government, in my old country in london, where they're now after several years of trying to deal with deficits and cutting spending, they're looking now at a triple-dip recession. triple-dip recession. that is not a path to political survival. it's certainly not a path to economic survival. >> and i feel the need to underline this, again, because i say it all the time. and i will say it one more time. when i talk about addressing the debt, i'm talking about addressing the long-term debt. i'm talking about addressing medicare, social security, medicaid, defense spending, long-term outlays. and the only reason i'm slowing down here is because i get this an awful lot. people keep talking about austerity and slashing and burning the next year or two. listen, pete peterson and some of the most respected minds on this issue of long-term debt and the crisis that we face will say that it's not the deficits in th
and it is what you keep advocating, about controlling deficits. you have to look in the short term, at least, of the experience of a conservative government, in my old country in london, where they're now after several years of trying to deal with deficits and cutting spending, they're looking now at a triple-dip recession. triple-dip recession. that is not a path to political survival. it's certainly not a path to economic survival. >> and i feel the need to underline this, again,...
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Jan 25, 2013
01/13
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>> do you still have to focus on the deficit, or will that take care of itself to some degree versus more budget cutting? this is a thing that geithner felt strongly about, that you couldn't get too far out ahead of slashing the budget during a weak economy. the other thing, of course, is financial reform. did and he the president put in place some things along with congress that boo prevent another financial disaster? >> we'll be looking forward to your interview with paul ryan, his first interview since the election. >> first interview since the election. we'll have a lot to talk about in terms of the future of the party. >> thank you very much. >> and now to discuss the future of the republican party, haley barbour, former chair of the republican governors association joins us now from capitol hill. thank you very much. good to see you. let's talk about bobby jindahl's instructions to the republicans at the winter meeting. we can't be the stupid party. do you think that your fellow republicans have figured out a way forward where they won't be the quoting bobby jindahl "the stupid
>> do you still have to focus on the deficit, or will that take care of itself to some degree versus more budget cutting? this is a thing that geithner felt strongly about, that you couldn't get too far out ahead of slashing the budget during a weak economy. the other thing, of course, is financial reform. did and he the president put in place some things along with congress that boo prevent another financial disaster? >> we'll be looking forward to your interview with paul ryan,...
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Jan 19, 2013
01/13
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let's wait until people get oldest and sickest and the way we'll fix the budget is, the deficit, is when they get oldest and sickest we're going to take away their benefits. that is totally insane. >> right. >> you're talking about something like for instance raising the eligibility age. >> raising the eligibility age. >> how does the table feel about raising the eligibility age? >> no, no. >> the republicans want us to talk about the budget, the debt ceiling as if that is the only issue out there. i mean the real biggest issue in my opinion is jobs in the economy. >> yes. >> we still have to do everything we can. once we get the economy back you'll have revenue coming in and take care of a lot of the long-term shortfalls in different areas but i personally support the proposal to get rid of the debt ceiling requirement. >> yes. >> i think it is absolutely ridiculous we still have this. >> right. >> this stupid debate that they want to do three months at a time because they want to fight every three months. >> we should note dick gephardt when he was running, speaker in the past, had cre
let's wait until people get oldest and sickest and the way we'll fix the budget is, the deficit, is when they get oldest and sickest we're going to take away their benefits. that is totally insane. >> right. >> you're talking about something like for instance raising the eligibility age. >> raising the eligibility age. >> how does the table feel about raising the eligibility age? >> no, no. >> the republicans want us to talk about the budget, the debt ceiling...
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Jan 10, 2013
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>> $4.7 trillion in deficit reduction. that's enough to stabilize the debt and get it on the downward path. that's got to be the goal. we get to debt below 7% below gdp and decline in the future. we have to do stuff that's real. no sense talking about, you know, just working it to edges. we have to make real cuts. one of things that's in that proposal, it is about $600 billion worth of cuts in health care programs. if we don't slow the rate of growth of health care, it is going to eat up the entire budget and virtually bankrupt the country. >> as you know, i'm an economic illiterate. >> sure. >> i keep reading we is v a campaign to fix the debt from paul krugman who is always slashing and cutting at and you al simpson and commission and the commission's recommendation. >> sure. >> saying that's not the big priority. the big priority is employment the big priority is more governor expenditures to create employment. what do you have to say to that? >> i say if we don't fix this debt, if we don't reduce our spending, then we
>> $4.7 trillion in deficit reduction. that's enough to stabilize the debt and get it on the downward path. that's got to be the goal. we get to debt below 7% below gdp and decline in the future. we have to do stuff that's real. no sense talking about, you know, just working it to edges. we have to make real cuts. one of things that's in that proposal, it is about $600 billion worth of cuts in health care programs. if we don't slow the rate of growth of health care, it is going to eat up...
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Jan 11, 2013
01/13
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has accused lew of misrepresenting the effect president obama's proposals would have on the country's deficit. and yesterday on cnbc, the senator said, in part, quote, lew certainly doesn't bring the gauf taus gravitas of former new york fed chair like secretary geithner and others we've had as secretary of treasury. >> i don't understand that. >> the premier financial position of the united states government. >> and that has gravitas, i guess, four years on the job will make you old. >> that's what they do. they just don't like it. >> so mika, what do you think about him getting about $1 million, almost $1 million in bonuses while citi was being bailed out with taxpayer dollars? >> it makes me think twice in some ways, but, you know, the sad thing is, that's a tiny bonus. >> he didn't write himself the check. >> compared to the bonuses that some have gotten. >> he's got the guy who said give me the bonus. >> excuse me? it would be a lot to you or me, but it's not compared to the bonuses we've seen on wall street and other major companies. i also think -- >> but isn't this is what we were att
has accused lew of misrepresenting the effect president obama's proposals would have on the country's deficit. and yesterday on cnbc, the senator said, in part, quote, lew certainly doesn't bring the gauf taus gravitas of former new york fed chair like secretary geithner and others we've had as secretary of treasury. >> i don't understand that. >> the premier financial position of the united states government. >> and that has gravitas, i guess, four years on the job will make...